Save Article

Laclede, New Jersey Resources Gain Strongly

Small-caps rallied as the wave of recent government action began to show signs of thawing the credit markets, though investors cautiously bought back into stocks.

For nearly a month, a weak economy, collapsed credit market and concern that large bank failures could escalate have sent equities investors to the sidelines. But government moves have eased worries, and money is starting to return to the stock market, albeit slowly.